Hedge Funds

Passport founding partner departs


San Francisco-based Passport Capital recently saw the departure of one if its founding partners, Ralph McCluskey. McCluskey wore several hats at the firm, including leading the marketing and operations efforts. There is no word yet on whether the firm has hired a replacement for McCluskey. At the same time, the firm has hired Joanne Poile as its chief financial officer. Poile hails from hedge fund firm Allianz Partners where she was a senior investment officer. Prior to Allianz, she was head of risk management at Citigroup's Alternative Investment Strategies unit.

Passport Capital closed its pair of long/short equity hedge funds to